Bouncing from drought to flooding, back to drought and then to flooding again, 2015 finished as the wettest year on record in Oklahoma. State Climatologist Gary McManus said that 2015 ended with a statewide average of 53.88 inches of rain …
Weather officials say 19 tornadoes touched down in Tennessee last year, marking the state’s lowest total since 2007. The National Weather Service said one tornado struck the state in April and two touched down in May of 2015. A record-setting …
The Tennessee Department of Commerce & Insurance’s (TDCI) Consumer Insurance Services Division announced that more than $2.8 million was repaid in 2015 as a result of the department’s restitution efforts on behalf of Tennessee consumers. “The Department is an advocate …
John Pollock, BB&T Insurance Services Florida regional insurance president, has been promoted to a multi-state regional leadership position. According to the company, BB&T Insurance Services is experiencing significant growth and recently acquired Susquehanna Bancshares in Pennsylvania, New Jersey and New …
North Carolina Gov. Pat McCrory signed an executive order Dec. 18 designed to crack down on employee misclassification practices in North Carolina. McCrory said Executive Order 83 establishes the Employee Classification Section, a new office within the North Carolina Industrial …
An Alabama couple filed a suit blaming a popular Christmas toy for a fire that badly damaged their home near Huntsville. The lawsuit filed Dec. 22 by Judge and George Gregory claims battery-powered hoverboards caught fire on Nov. 23, causing …
We think the time is right for you all to explore the [Florida] flood insurance market.” That was the message Florida Senator Jeff Brandes gave insurance industry attendees at the first ever Florida Flood Insurance Conference on Dec. 9 in …
After a banner 2015 for the U.S. property/casualty insurance sector, pricing pressures will lead to stagnation or rate declines in 2016, Kroll Bond Rating Agency Inc. predicted. Pricing will either be flat or down over the next 12 to 18 …
The U.S. property/casualty insurance industry is about to be tested directly by the sharing economy. Two tech entrepreneurs have raised $13 million in initial funding to launch a peer-to-peer online property/casualty insurance company named Lemonade, which they promise will reinvent …
Businesses known for their uniforms are worried about lawyers in business suits in the wake of a change in the nation’s labor laws affecting their liability for employment practices. The change could unravel the franchise business and wreak havoc for …
